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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) 6-Month Price Index : 0.89 (As of May. 27, 2024)


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What is Dusit Thani Freehold and Leasehold REIT 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-27), Dusit Thani Freehold and Leasehold REIT's 6-Month Price Index is 0.89.

Competitive Comparison of Dusit Thani Freehold and Leasehold REIT's 6-Month Price Index

For the REIT - Hotel & Motel subindustry, Dusit Thani Freehold and Leasehold REIT's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dusit Thani Freehold and Leasehold REIT  (BKK:DREIT) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Dusit Thani Freehold and Leasehold REIT 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Dusit Thani Freehold and Leasehold REIT's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) » Definitions » 6-Month Price Index
Comparable Companies
BKK:GROREIT BKK:QHHR BKK:LHHOTEL BKK:SRIPANWA BKK:GAHREIT HST RHP APLE TSE:8963 XPAR:COVH PK TSE:8985 SHO DRH RLJ PEB XHR SVC TSE:3287 SGX:J85
Traded in Other Exchanges
N/A
Address
Phayathai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Website
https://www.dtcreit.com
Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels, and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.

Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Headlines

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